Residency/Relocation Loans

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Residency/Relocation Loans

Take advice from prior medical students - The Match process can be very expensive! You may need to consider an additional loan to cover miscellaneous costs such as airline travel, gas, hotels, dry-cleaning, airport food, etc. These residency/relocation loans are considered a private loan for students in their final year of medical school to help with expenses associated with finding a residency, including travel to interviews and relocation costs that is not covered by a federal student loan.

Many private lenders offer additional loans for residency interviewing and relocation costs. While minimizing your student loan debt is important, such loans are generally preferable to credit cards. These loans do not require certification of financial eligibility.

If you have not exhausted all of your Stafford loan eligibility it is recommended that you do so before borrowing from the Residency/Relocation Loan.